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Exam PMI-RMP: PMI Risk Management Professional

Which project management plan will be the best guide for John to communicate to the external stakeholders?

[tagged]
John is the project manager of the NHQ Project for his company. His project has 75 stakeholders,
some of which are external to the organization. John needs to make certain that he communicates
about risk in the most appropriate method for the external stakeholders. Which project
management plan will be the best guide for John to communicate to the external stakeholders?

what is the risk exposure of the event that must be considered for the cost of the risk response?

You are the project manager of the KJH Project and are working with your project team to plan the
risk responses. Consider that your project has a budget of $500,000 and is expected to last six

months. Within the KJH Project you have identified a risk event that has a probability of .70 and
has a cost impact of $350,000. When it comes to creating a risk response for this event what is the
risk exposure of the event that must be considered for the cost of the risk response?


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